Phenomenal turnkey investment opportunity in the heart of downtown Eugene! Discover the ultimate best of both worlds property featuring three completely updated units that seamlessly blend steady, long-term rental income with high-yield short-term rental potential. Located just steps from downtown amenities, restaurants, and shopping, this versatile property is a dream for savvy investors or owner-occupants looking for a premier house-hack.The main house at 560 W. 13th Ave is a charming 2-bedroom, 1-bathroom unit currently generating steady, reliable income at $1,895 per month on a 1-year lease. Tucked away behind are the back units at 1310 and 1320 Washington Alley, which are perfectly set up and optimized as short-term rentals. The first alley unit is a 2-bedroom, 1-bathroom space featuring a high-efficiency ductless mini-split and has the potential to generate $3,000 to $3,500 per month. The second alley unit is a bright 1-bedroom, 1-bathroom space with a projected earning potential of $2,000 to $2,500 per month.Capital expenses have already been taken care of with brand-new roofs, new exterior paint, and new gutters across all units. Inside, every unit boasts updated, freshly painted interiors, making them entirely rent-ready from day one. This property also includes 4 rare, dedicated off-street parking spots, which is a massive premium for the downtown area. As an added bonus, the seller is willing to sell the units furnished via a separate bill of sale, allowing you to walk into a fully operational short-term rental business. Don't miss out on this rare chance to own a high-performing, low-maintenance portfolio piece in a prime, high-demand location.
Listing courtesy of Grand Real Estate.
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